−45% below market
median 2,517 €/m² for comparable properties
160,000 € 1,391 €/m²
Rent covers ~ 442% of the payment
~ 3,139 €/mo rent · pays for itself in ~ 4 yrs
Sale215,000 €2,239 €/m²
Expected rent3,139 € /mo
~26,500 € BELOW MARKET
good value
against the median for houses in Sofia (892 properties)
Area
96 m²
Land Area
980 m²
Floor
0 / 0
Construction
Brick
Heating
Local Heating
Yield analysis
Strong investment rating
Monthly payment954 €20% down payment · 20 yrs · 3%
Expected rent3,139 €at market conditions for the neighbourhood
The rent covers 329% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 6 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This house is priced about 26,500 € below the typical price (the median) for houses in Sofia (892 properties) — 2,239 €/m² against 2,517 €/m².
With 20% down over 20 years the monthly mortgage payment is about 954 €, against an expected local rent of 3,139 €. The rent covers the whole payment (329%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 54 days.
Details
- Category
- Residential
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−31% below market
median 2,517 €/m² for comparable properties
450,000 € 1,730 €/m²
Rent covers ~ 157% of the payment
~ 3,139 €/mo rent · pays for itself in ~ 12 yrs